The Impact of Sanctions ft. Ed Gresser
The New Liberal Podcast
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What's Going to Happen in Europe and the United States?
Russia's place in the world economy overall is quite small. Russia has about one and a half % of world imports. It has about zero point five % of currency flows. And it will be more troublesome for europe than for the unnour states, but not overwhelmingly. We can adjust fairly easily. There're probably a couple of things that are a little bit challenging. But for the united States, this will be a matter of relatively modest adjustments in in a few specific industries.
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